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501 E Market Street Salem, IN 47167

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For Sale
$1,800,000

22-acre property with warehouse and office space near town square.

Type:Industrial
Property size:
71,102 SF
Lot size:
22.00 Acres
Added:
Apr 29, 2024
Days on Market:
720
Last Refresh:
Apr 1 at 8:53 pm

Property Features for 501 E Market Street

General Information

Standard status
Active
Size
71,102 SF
Lot size
22.00 Acres
Property subtype
Industrial

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Listing Contact
Mallory Annis

Listing agent Mallory Annis

Listing office RE/MAX FIRST

Listing date Apr 29, 2024

Source Xome

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX FIRST


Overview

Spacious Warehouse and Office Complex

Located a few blocks from the Salem town square, 501 East Market Street is a commercial property featuring over 175,000 square feet of warehouse space and 5,500 square feet of finished office space. The property spans 22 acres and is accessible from three city streets. The warehouses also contain additional office space. The site is equipped with 440 3-phase electric service to the warehouses and a dedicated fire suppression loop with multiple hydrants. Potential uses for the property include land development, creekside development with apartments or businesses, an event venue, or a flea market.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Law Office of Brock ... Law Firm Pig Miracle Take-out & Catering Cornerstone Family Farms Food Processing Plant Etc Environmental Teen ... Environmental Consultant Dawson Real Estate Real Estate Agency

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

  • Storage Express 902 Webb St, Salem, IN 47167
  • M & M Self Storage 1208 E Hackberry St, Salem, IN 47167
  • Salem Hometown Storage 145 W Joseph St, Salem, IN 47167
  • Streamline Storage 205 N Main St, Salem, IN 47167

Location Insight

  • Map
  • Local Demand
City
Salem
County
Washington
State
Indiana
Longitude
-86.106796
Latitude
38.605922

FAQs

What type of property is this?
Warehouse - 22-acre property with warehouse and office space near town square.
Where is this warehouse located?
The property is located at 501 E Market Street Salem, IN.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: 22 acres of land with over 175,000 square feet of warehouse space.; Benefit from **5500 finished square feet of office space** (excluding warehouse office space).; Located just a couple blocks from Salem town square.
More about this property
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